President Muhammadu Buhari has gotten awards for his ongoing declaration on importation of food things and fertilizers.
The Federal Government has throughout recent years put a restriction on importation of food things as a method of boosting local production.
It reports that Buhari had, in a renewal of that directive, ordered the Central Bank of Nigeria, CBN, not to release a kobo from the country’s foreign reserve for food and fertilizer importation.
As the nation proceeds with a push for self food and financial restoration, the President accepts that local production stays key.
He likewise prompted that the compost creation and flexibly chain ought to be checked by the State governments to guarantee that it got to the ranchers at insignificant expense.
Responding, the President of the Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) Mr. Thomas Etuh lauded Buhari for taking the intense activity.
Etuh revealed that the President’s activity had supported neighborhood makers, and made work openings.
Etuh said President Buhari has shown exceptional responsibility to the improvement of the horticultural segment in the nation, and encouraged Nigerians to help the endeavors towards making the nation independent in food creation.
According to him, “FEPSAN is grateful to the President for his uncommon commitment to Agriculture in general and the fertilizer industry in particular.
“His efforts towards growing capacity in this most critical sector of the Nigerian economy has continued to yield tremendous dividends, especially since the launching of the Presidential Fertilizer Initiative in December 2016.”
“Today 35 fertilizer plants are operating at full capacity across the country, employing hundreds of thousands of people directly and indirectly and supporting farmers with high quality fertilizer inputs,” he said.
He added that the billions of naira that have been invested in the agricultural sector by Nigerians and other foreign investors bear strong testaments to the confidence the Private sector reposes on the capacity of President Buhari to steer Nigeria to enhanced local agricultural development, employment generation and food security.
He said the decision meant that President Buhari understands the importance of local capacity building in the overall economic development of the country.
“Against the possibilities of pressures from briefcase investors to pen up the country for the importation of all manner of food items and agro inputs, we at FEPSAN appreciate his unwavering commitment towards amplifying the gains so far recorded in banning the importation of fertilizer and other food items.
“He knows the importance of foreign exchange conservation and prioritization of local capacity building in the redistribution of income and we will continue to work with the Federal Government to ensure that the immense opportunities in the country’s agricultural sector are fully exploited for the good of the national economy,’ Mr. Etuh stated.
He also thanked the CBN for the professional way it has managed the anchor borrowers programme, saying it has helped in re-energising the agricultural sector and empowered farmers to multiply productivity.